Zenith Insurance Weighs Repurchase of Stock
Zenith National Insurance in Woodland Hills said it might buy up to 1 million additional shares of its common stock, depending on market conditions.
Last month, Zenith bought back 1 million shares for $18.2 million, or an average of $18.20 a share, leaving the company with 20.5 million common shares outstanding.
Zenith specializes in providing worker’s compensation insurance.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
